6382 Fitz Ln, Tallahassee
Leon County Real Estate - Woodville
Woodville is in North West Florida. It's population as recorded in the 2010 Census was 2,978. Woodville is approximately 9 miles from Tallahassee (population 181,376) and around 27 miles from Quincy (population 7,972).
The median age for residents of Woodville is 42.6. Around 29.2% of Woodville households include school aged children and 24.8% of households include individuals aged 65 years or over. Census records indicate 75.3% of the Woodville population are White, 19.7% are Black or African American, .4% American Indian, .3% Asian and 2.8% are Two or more Races.
There are 1,399 housing units in Woodville. 186 (13.2%) of these were reported as vacant in the 2010 Census. There are 318 residential rental units in Woodville. 272 of them were occupied in 2010 providing a residential rental vacancy rate of 13.2%.
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Leon County
Leon County is part of the northwest region of Florida, along with Bay, Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Jefferson, and Wakulla counties. Main industries for this area include advanced manufacturing, aviation, aerospace, defense, health sciences, renewable energy, and transportation. Florida's capital, Tallahassee, is a part of Leon County, and also acts as the county seat. The county has over 275,000 inhabitants.
Two of Florida's main Universities, Florida State University and Florida A&M University, are also a part of Leon County. As a result, Leon County has the highest average level of education among Florida's 67 counties. Leon County's regional economy remained stable throughout the recession as a result of a significant public sector presence. The unemployment rate has decreased and is below the state average at 8.1%. The housing market has not been as negatively affected in this county as in the rest of the state; the tax base loss is moderate and foreclosure rates equal the national average. The largest private sector employers are Tallahassee Memorial healthcare, Publix Supermarkets, Walmart, Capital Regional Medical Center, and ACS. Top public employers are the State of Florida, Florida State University, Leon County Schools, City of Tallahassee, and Florida A&M University.
Much of the economy is driven by the state government, especially the two universities. Both are major research universities; Florida State attracts over $200 million annually, while FAMU brings in at least $30 million each year. FSU operates the National High Magnetic Lab, the world?s most powerful and largest magnetic laboratory. In addition to offering numerous degree programs at all levels, both universities also run law and medical schools. FSU and FAMU are located in Tallahassee.
Tallahassee Regional Airport handles commercial and general aviation. Around 400,000 people make use of its facilities each year. The airport is responsible for an economic impact around $350 million annually and sustains about 4,000 careers.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 6392 Fitz Ln | Single Family | 2,265 | B |
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Local Household Income
The median household income in this part of Florida is $63,475. The bottom 10% of the population earn less than $18,639 per year. The top 10% earn more than $153,050 per year. The top 1% earn more than $440,122 per year. Most renters earn between $25,284 (20th percentile) and $50,892 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $126,950 and $158,688.
The tax assessed value of this property places it in percentile 13 of all properties in this area. This suggests it would appeal to someone earning around $22,547 per year who should qualify for a mortgage between $45,094 and $56,368.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $830. Most renters earn between $2,107 and $4,241 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $543 (20th percentile) to $1,223 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 13 of all properties in this area. This corresponds to a rent of $445 per month and a monthly household income of $1,854 ($22,248 per year)
Nearby Companies
6392 Fitz Ln